Are Investors Undervaluing MedAdvisor Limited (ASX:MDR) By 44%?
Mar 20
Australian (ASX) Healthtech Industry Analysis
UpdatedApr 12, 2024
DataAggregated Company Financials
Companies22
- 7D2.5%
- 3M10.9%
- 1Y58.1%
- YTDn/a
In the last week, the Healthtech industry is up 6.5%, with Pro Medicus up 3.3%. During this same period, the 4DMedical underperformed, falling 5.4%. In the last 12 months, the industry was up 61%. Earnings are forecast to grow by 26% annually.
Industry Valuation and Performance
Has the Australian Healthtech Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 12 Apr 2024 | AU$13.0b | AU$570.7m | -AU$103,343,703.42 | 93.9x | -125.5x | 22.7x |
| Sun, 10 Mar 2024 | AU$12.3b | AU$571.1m | -AU$102,986,977.21 | 88.4x | -119.7x | 21.6x |
| Tue, 06 Feb 2024 | AU$12.9b | AU$527.2m | -AU$134,434,421.92 | 111.9x | -96.1x | 24.5x |
| Thu, 04 Jan 2024 | AU$11.7b | AU$526.5m | -AU$139,329,867.00 | 104.4x | -84x | 22.2x |
| Sat, 02 Dec 2023 | AU$10.9b | AU$528.0m | -AU$106,879,799.00 | 98.5x | -102.3x | 20.7x |
| Mon, 30 Oct 2023 | AU$9.5b | AU$527.7m | -AU$107,568,211.00 | 88.1x | -88.4x | 18x |
| Wed, 27 Sep 2023 | AU$10.0b | AU$527.9m | -AU$112,095,697.00 | 92.3x | -89.2x | 18.9x |
| Fri, 25 Aug 2023 | AU$9.3b | AU$520.8m | -AU$146,899,784.00 | 84.9x | -63.6x | 17.9x |
| Sun, 23 Jul 2023 | AU$8.7b | AU$499.5m | -AU$153,028,949.00 | 93.1x | -57.1x | 17.5x |
| Tue, 20 Jun 2023 | AU$8.9b | AU$496.3m | -AU$151,465,921.00 | 99.9x | -58.5x | 17.9x |
| Thu, 18 May 2023 | AU$7.9b | AU$495.1m | -AU$145,756,552.00 | 88.2x | -54x | 15.9x |
| Sat, 15 Apr 2023 | AU$8.2b | AU$492.8m | -AU$145,172,317.00 | 87x | -56.4x | 16.6x |
| Mon, 13 Mar 2023 | AU$7.8b | AU$494.2m | -AU$144,547,506.00 | 85.4x | -54.3x | 15.9x |
| Wed, 08 Feb 2023 | AU$8.6b | AU$439.7m | -AU$154,113,521.00 | 93.5x | -55.6x | 19.5x |
| Fri, 06 Jan 2023 | AU$7.3b | AU$441.7m | -AU$154,766,390.00 | 79.5x | -47.4x | 16.6x |
| Sun, 04 Dec 2022 | AU$8.0b | AU$444.0m | -AU$155,977,084.00 | 86.1x | -51.1x | 18x |
| Tue, 01 Nov 2022 | AU$7.5b | AU$443.0m | -AU$157,945,267.00 | 79.6x | -47.2x | 16.8x |
| Thu, 29 Sep 2022 | AU$6.9b | AU$437.0m | -AU$153,686,093.00 | 75.4x | -45x | 15.8x |
| Sat, 27 Aug 2022 | AU$7.2b | AU$404.7m | -AU$128,832,389.00 | 73.5x | -55.7x | 17.7x |
| Mon, 25 Jul 2022 | AU$6.7b | AU$384.6m | -AU$130,436,753.00 | 78.4x | -51.2x | 17.4x |
| Wed, 22 Jun 2022 | AU$5.4b | AU$385.6m | -AU$131,434,991.00 | 63.5x | -40.9x | 13.9x |
| Fri, 20 May 2022 | AU$5.9b | AU$382.6m | -AU$132,355,321.00 | 66.2x | -44.8x | 15.5x |
| Sun, 17 Apr 2022 | AU$7.1b | AU$379.0m | -AU$133,878,071.00 | 82.1x | -53.3x | 18.8x |
| Tue, 15 Mar 2022 | AU$6.4b | AU$381.0m | -AU$134,496,432.00 | 72.8x | -47.9x | 16.9x |
| Thu, 10 Feb 2022 | AU$7.2b | AU$301.4m | -AU$137,998,834.00 | 103.5x | -52.4x | 24x |
| Sat, 08 Jan 2022 | AU$8.2b | AU$301.0m | -AU$137,768,227.00 | 121.2x | -59.9x | 27.4x |
| Mon, 06 Dec 2021 | AU$8.6b | AU$302.5m | -AU$138,104,317.00 | 124.7x | -62.3x | 28.4x |
| Wed, 03 Nov 2021 | AU$8.4b | AU$294.7m | -AU$132,779,433.00 | n/a | -63.3x | 28.5x |
| Fri, 01 Oct 2021 | AU$8.4b | AU$298.4m | -AU$134,017,526.00 | 118.6x | -63x | 28.3x |
| Sun, 29 Aug 2021 | AU$9.1b | AU$293.3m | -AU$131,340,378.97 | 125.7x | -69.3x | 31x |
| Mon, 05 Jul 2021 | AU$8.7b | AU$293.3m | -AU$131,340,378.97 | 115.8x | -66.3x | 29.7x |
Price to Earnings Ratio
-55.2x
Current Industry PE
- Investors are optimistic on the Australian Health Care Technology industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 21.0x is lower than the industry's current PS ratio of 23.1x.
Past Earnings Growth
- The earnings for companies in the Health Care Technology industry have improved over the last three years.
- Revenues for these companies have grown 29% per year.
- This means that more sales are being generated by these companies overall, and subsequently losses are decreasing too.
Industry Comparison
How does Australian Healthtech compare with similar industries?
| AU Market | -0.12% | |
| Healthcare | -0.91% | |
| Healthtech | 2.53% | |
| Healthtech | 2.53% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PME Pro Medicus | AU$107.49 | 2.4% +AU$262.1m | 69.7% | PE161x | |
| VHT Volpara Health Technologies | AU$1.14 | 0.4% +AU$1.3m | 52.0% | PS8.3x | |
| MDR MedAdvisor | AU$0.26 | 0% AU$2.2k | 0% | PS1.3x |